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New Deal


Announced

Completed

iFIT Health & Fitness completed the acquisition of Sweat.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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health and fitness software

Software

United States

Majority

Domestic

women fitness

Friendly

Acquisition

Completed

Single Bidder

Private

Synopsis

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iFIT Health & Fitness, a global connected fitness software, completed the acquisition of Sweat, a platform for women's health and fitness. Financial terms were not disclosed. “We have long admired iFIT as a fitness industry leader and are proud to join the iFIT family. We look forward to working with Scott and his leadership team to accelerate our global expansion and further enhance the consumer experience for Sweat as part of the iFIT ecosystem. iFIT enables us to create a breadth of engaging new content to fulfill the rapidly growing fitness needs of our members around the world," Tobi Pearce, Sweat CEO and Co-Founder.

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